Bar Council, Law Soc continue work to enhance Anglo-Chinese relations

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Latest Briefings

Jersey: The Trusts Law 2018 – An insight

By Siobhan Riley, Andreas Kistler The Trusts (Amendment No. 7) (Jersey) Law 2018 (the Amendment Law), which came into force on 8 June 2018, reÊnes and further enhances Jersey’s trusts legislation, the Trusts (Jersey) Law 1984 (the Law). Since its introduction in 1984, the Law has been amended and updated periodically, the last changes having been made […]

Trust legislation in Guernsey

By Russell Clark Much of Guernsey’s economic success over the past 50 years or so has been largely due to its adaptability and flexibility to react to changing market situations and conditions. This adaptability is no better illustrated than by the island’s willingness to amend and review legislation to ensure that it retains its position within […]

Jersey lodges the draft Taxation Law 201

Jersey has lodged the draft Taxation (Companies – Economic Substance) (Jersey) Law 201- (the “Law”). The Law, once adopted, is intended to meet the commitment made by Jersey to address certain concerns raised by the EU Code of Conduct Group on Business Taxation (the “Code Group”) in relation to the need for relevant businesses to […]

Bulgaria: Companies required to register their beneficial owners by February 2019

By Gergana Roussinova Companies have until 1 February 2019 to register their beneficial owners in the Bulgarian Commercial Register and Register for Non-profit Legal Persons (the “Commercial Register“). This obligation comes as a result of the adoption of a new Law on the measures against money laundering in March this year (the “AML Law“). Who is obligated under […]

Importance of prohibition on the collateral use of disclosed documents

By Sonia Tolaney, Sandy Phipps CPR 31.22 provides that disclosed documents may be used only for the purpose of the proceedings in which they were disclosed without the consent of the disclosing party or the Court’s permission. It is well established that this rule, known as the collateral use prohibition, applies both to the disclosed documents themselves […]

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The unbalancing act

The UK’s extradition laws are designed to fight terrorism. But the cases of the ‘NatWest Three’ and Ian Norris have highlighted how these laws are being used against white-collar criminals. On 21 February this year, three former National Westminster Bank (NatWest) bankers lost their High Court appeal against their extradition to the US on fraud […]

Deals roundup

Freshfields plays part in creation of mobile giant Freshfields Bruckhaus Deringer, New York-based Dewey Ballantine and South African firm Webber Wentzel Bowens all advised in mobile phone giant MTN’s $5.52bn (£3.01bn) acquisition of Investcom – a deal creating the largest mobile phone operator in Africa and the Middle East. Based in South Africa, MTN has […]

SJ Berwin boosts NQ pay to catch rivals

SJ Berwin has joined the slew of firms increasing newly qualified lawyers’ salaries to match the new market-wide figures. The silver circle firm confirmed that it has increased NQ salaries to £55,000, up 10 per cent from £50,000 last year. This follows a spate of salary increases across the City, after Linklaters kicked off the […]

Metliss quits SJ Berwin for Rosenblatt

SJ Berwin partner Jonathan Metliss is leaving to join London-based Rosenblatt Solicitors. Metliss is leaving the City firm after 25 years to became a consultant at Rosenblatt. He specialises in corporate finance. In a prepared statement Metliss said: “This move takes me back to the business that I love – right at the coalface of […]

Revenue per barrister drops at Seven Bedford Row

Civil and criminal set Seven Bedford Row is celebrating a nine per cent income increase – but revenue per barrister has dipped below the £200,000 mark after a hiring spree. The set’s turnover rose to £15.3m in 2006 from £14m last year, but with 77 members including 18 silks, average revenue per barrister dropped to […]

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